Greenback jumps but outlook's cautious

Greenback jumps but outlook's cautious

On Thursday, the US currency added versus a trade-weighted basket of currencies because traders consolidated positions with the low-yielding Swiss franc as well as Japanese yen backed amid deepening anxiety over tensions between America and North Korea.

The markets are seeking direction after Wednesday's steep moves and geopolitical worries will dominate in financial markets in the coming days, as some financial experts state.

The dollar index leapt 0.2% trading at 93.73.

On Wednesday, the Swiss franc along with Japanese yen had notched up huge revenues versus the greenback after Donald Trump warned North Korea that it would stumble on fire and fury if it dared to keep threatening the USA.

In return, North Korea announced its intention to launch missiles at Guam, an American Pacific island territory.

The common currency lost 0.3% hitting 1.1726 versus the greenback. It has dipped 1.5% since reaching a 2-1/2 year maximum of 1.1910 on August 2.



Greenback declines to three-year minimum

On Friday, the evergreen buck went down to a three-year minimum versus a basket of key currencies, making its way to the biggest weekly dive for two years…


Yen climbs up in Asia trade

On Friday, the Japanese yen leapt in Asia on safe-haven demand because political turmoil in Brazil reached risk sentiment and financial markets became cautious ahead of the weekend…

Pound tumbles vs yen

On Tuesday, the British pound sank versus the Japanese yen after a suspected terrorist attack at a concert in Manchester, while the common currency hovered close to a six-month peak versus the greenback after German Chancellor Angela Merkel told that the…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera